Analyst: XRP Price Could Top $22 at Bitcoin Market-Cap Parity
A pseudonymous analyst on X has calculated that XRP price could exceed $22 if its market capitalization matches Bitcoin’s $2.32 trillion valuation using a 100 billion maximum supply. Applying the 1.618 Fibonacci extension to the $23 parity level lifts the XRP price target to around $37.60, closely aligning with a $39.17 valuation based on circulating supply. This convergence of market-cap parity and technical analysis underscores significant undervaluation compared to XRP’s current $3.32 trading level. Achieving these theoretical targets would require sustained institutional demand for XRP as a settlement currency, extensive integration of Ripple’s payment solutions, and favorable regulatory frameworks. Traders should view these projections as potential benchmarks rather than guaranteed price moves.
Bullish
The report’s dual approach—aligning XRP price targets via Bitcoin market-cap parity and the 1.618 Fibonacci extension—reinforces a bullish outlook. Historically, widely watched Fibonacci levels can trigger self-fulfilling rallies as traders anticipate breakouts. Market-cap parity comparisons also spotlight XRP’s deep undervaluation relative to Bitcoin, potentially driving speculative and institutional inflows. Similar dynamics occurred in 2017–2018 and early 2021, when altcoins outperformed during BTC dominance dips and clear technical targets spurred momentum trades. In the short term, this projection may boost bullish sentiment and attract retail traders aiming for the $22–$24 zone and higher Fibonacci targets. Over the longer term, sustained adoption of Ripple’s solutions and regulatory clarity could invoke substantial capital rotation into XRP, supporting a protracted uptrend. While contingent on external catalysts, the analysis presents a compelling case for bullish positioning.